Spirit Airlines has seen a significant decline from a highly profitable airline in the 2010s to one struggling with bankruptcy in the 2020s. Key factors, such as operational inefficiencies, increased competition, and poor customer service, have contributed to its financial distress. Survival strategies may include operational improvements and cost-cutting measures.
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Air France-KLM oversees four airlines, each with varying levels of success. While Air France and KLM show positive progress through modernization and reliability, Transavia benefits from the low-cost travel demand. However, Air France HOP struggles with competitive challenges, highlighting the complexities faced by the group under Ben Smith’s leadership.